But make sure that the realtor you're thinking of is really up to the task and can walk the walk.Otherwise, a reduced commission in exchange for less hassle isn't a bad trade off. 

I am wondering if it might be cheaper to just buy an inexpensive car to drive around for personal tasks rather than pay the recapture, but of course that depends on the numbers. 

*Provide information about rental rates and other terms and conditions of the rental, as set out in a schedule provided by the owner, and*Accept deposits, fees for credit checks, and other administrative duties, security deposits, and rent*Provide preprinted rental applications and respond to applicants’ inquiries about the application*Show rental units to prospective tenantsAs you can see, a non-licensed, non-resident manager is limited to performing rather routine tasks that don’t call for initiative or decision making.For instance, this manager would not be qualified to negotiate a lease (4), deal with late rents or other violations of the rental agreement or lease (5), or appear in court on your behalf (6).(1) My property manager does NOT live on any of the owners properties.(2) My property manager is unlicensed.(3) My property manager supervises 10 different properties.(4) My property manager has negotiated leases for 12 years without a license.(5) My property manager has dealt with late rents and violations.(6) Unknown

Long story short, I have a client who needs to support parents, and they can do some small "administrative tasks" in his business.

Did you find someone that helped you out in your inbound calls and tasks?

They do have automatic late fees as well as some other automated tasks.

Allows you to use the resources it provides to help the company market, or perform tasks better.Don't apply to any HOA property managers.

If you are going to do a bad job or can earn more in your own time than the amount you need to pay in labor to complete the task than I completely agree.

Finding a good deal, let alone one that will take a VA won't be an easy task, but you just gotta stick with it. 

Seems like a huge task to take on, but looks like you had a solid plan.